Luna Set to Join Russell Microcap Index
18 Junho 2015 - 10:25AM
Business Wire
Luna Innovations Incorporated (NASDAQ: LUNA) today announced it
is set to join the Russell Microcap® Index when Russell Investments
reconstitutes its comprehensive set of U.S. and global equity
indexes after the close of market on Friday, June 26, 2015,
according to a preliminary list of additions posted June 12, 2015
on Russell Indexes Reconstitution.
Membership in the Russell Microcap Index, which remains in place
for one year, means automatic inclusion in the appropriate growth
and value style indexes. FTSE Russell determines membership for its
Russell indexes primarily by objective, market-capitalization
rankings and style attributes.
My Chung, president and chief executive officer of Luna
commented, “Inclusion in the Russell index is a significant
milestone for us following our continued revenue growth and
improved operating results. As we continue to execute on our growth
strategy following the merger with Advanced Photonix, Inc., we
believe our membership will be a valuable tool to help raise our
profile in the financial community and broaden our shareholder
base.”
Russell indexes are widely used by investment managers and
institutional investors for index funds and as benchmarks for
active investment strategies. Approximately $5.7 trillion in assets
are benchmarked to the Russell’s U.S. indexes. Russell indexes are
part of FTSE Russell, a leading global index provider.
For more information on the Russell 1000 and the Russell
reconstitution, go to “Recon Central” section on the FTSE Russell
website.
About FTSE Russell
FTSE Russell is a global index leader that provides innovative
benchmarking, analytics and data solutions for investors worldwide.
FTSE Russell calculates thousands of indexes that measure and
benchmark markets and asset classes in more than 80 countries,
covering 98% of the investable market globally and trading on over
25 exchanges worldwide.
FTSE Russell index expertise and products are used extensively
by institutional and retail investors globally. Leading asset
owners, asset managers, ETF providers and investment banks use FTSE
Russell indexes to benchmark their investment performance and
create ETFs, structured products and index-based derivatives.
A core set of universal principles guides FTSE Russell index
design and management: a transparent rules-based methodology is
informed by independent committees of leading market participants.
FTSE Russell is focused on applying the highest industry standards
in index design and governance. FTSE Russell is also focused on
index innovation and client collaboration as it seeks to enhance
the breadth, depth and reach of its offering.
FTSE Russell is wholly owned by London Stock Exchange Group. For
more information, visit www.ftserussell.com.
About Luna
Luna Innovations Incorporated (www.lunainc.com) is a public
company composed of scientists, engineers, and business
professionals developing and manufacturing a new generation of
technologies and products. It has been successful in taking
innovative technologies from applied research to product
development and ultimately to the commercial market, driving
breakthroughs in fields such as aerospace, automotive,
telecommunications, healthcare, energy, and defense.
Forward-Looking Statements:
The statements in this release that are not historical facts
constitute “forward-looking statements” made pursuant to the safe
harbor provision of the Private Securities Litigation Reform Act of
1995 that involve risks and uncertainties. These statements include
our expectations regarding the company’s operating results and
future growth of the company’s business, including the continued
execution on our growth strategy following the merger with Advanced
Photonix, Inc. Management cautions the reader that these
forward-looking statements are only predictions and are subject to
a number of both known and unknown risks and uncertainties, and
actual results, performance, and/or achievements of the company may
differ materially from the future results, performance, and/or
achievements expressed or implied by these forward-looking
statements as a result of a number of factors. These factors
include, without limitation, failure of demand for the company’s
products and services to meet expectations, integration or other
operational issues related to the merger, technological challenges
and those risks and uncertainties set forth in the company’s
periodic reports and other filings with the Securities and Exchange
Commission. Such filings are available at the SEC’s website at
www.sec.gov and at the company’s website at www.lunainc.com. The
statements made in this release are based on information available
to the company as of the date of this release and Luna undertakes
no obligation to update any of the forward-looking statements after
the date of this release.
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version on businesswire.com: http://www.businesswire.com/news/home/20150618005719/en/
Luna Innovations IncorporatedInvestor Contact:Dale
Messick, CFO, 1.540.769.8400ir@lunainc.com
Luna Innovations (NASDAQ:LUNA)
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